ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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cost-based pricing is determined by
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using the wholesale cost of an item as the basis for the priced charged
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what competitors are charging for the same good
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how much the consumer is willing to pay for a product or service
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None of the above
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Explanation:
Detailed explanation-1: -Value-based pricing is dependent on the value that customers are willing to assign to or pay for particular products, features, and services.
Detailed explanation-2: -A markup is the amount that is added to the wholesale price of an item to determine its resale price.
There is 1 question to complete.